Most people don’t realize how powerful the first property can be when you combine time, leverage, and consistency.

They are also in a bad situation with all of the firings that have happened, so the combination of lack of job security for a job that should be secure and no income for the last month is going to be hard on them. 

Successful investors spend their energy determining what they can actually pay and having the discipline to stick to it.That's the difference between decent returns and exceptional profits.The Bottom LineMy $250K profit came from a combination of solid execution and buying deep.

What I mean is a combination of10 Low Cost Ways To Buy A House.1.

This concept helps draw attention to functionality and consistency.

In addition to the great information provided, I would also suggest that if Full Seller Financing is not viable for a total takeover, you could utilize a CLTV DSCR (Combined Loan-to-Value Debt Service Coverage Ratio) product.

I feel like I am "saving" but in reality I am spending my time which is a much more valuable resource than a functioning, cash-flowing, tenant-filled apartment while I am spending time elsewhere.

Combined with the saturation its a race to the bottom and their bottom is lower than yours. 

I come from an immigrant household where I saw my father working 6-7 days a week, yet still showing up to every soccer game, school function, and family dinner, and still go from being an employee to employer through pure work ethic & integrity.

You can do low income and you can do full BRRRR - if you are local (and more fail or burn out than succeed), but the combination of these two plus OOS is toxic.